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Dec 26, 2012
12/12
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wealth yearl people will see an additional tax-- an additional medicare tax. their payroll tax will if up by .9%, and there label tax for the first time on non-wage income in medicare for people who earne. over $200,000 for an individualo $250,000 for a couple. there will be a tax on investment income for the first time. there will also be a limit onpe what you can put aside in the so-called flexible spendings account. these are places you can putan pretax money. basically it hundreds you pay for things that your insurance doesn't cover, things liketi orthodontia, perhaps, or eye glass or your deductibles and co-pays on your insurance plans.,0 usually there could be no limitn or a large limit of $5,000, $6, 000, and that's being cut toar $4500. those are a couple of thingshi people will experience next20 year. >> suarez: which means you'll have plenty of work to do in 2013. >> i will have plenty of work to do in 2013. >> suarez: npr's julie rovner, thanks a lot. it >> ifill: next, protecting civilians in a conflict zone with eyes and a notepad.n the island of
wealth yearl people will see an additional tax-- an additional medicare tax. their payroll tax will if up by .9%, and there label tax for the first time on non-wage income in medicare for people who earne. over $200,000 for an individualo $250,000 for a couple. there will be a tax on investment income for the first time. there will also be a limit onpe what you can put aside in the so-called flexible spendings account. these are places you can putan pretax money. basically it hundreds you pay...
SFGTV2: San Francisco Government Television
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Dec 29, 2012
12/12
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SFGTV2
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you spend $3 trillion on the budget and tax cut for the wealthiest americans and took their money to the camen islands and not in america and having huge threats and medicaid and medicare and threaten the scpeerns that is violence. number one and must commit ourselves to the ban on assault weapons. we lost about 6,000 americans in iraq in 10 years. lose 30 to 50,000 a home at home. 100,000 are injured and didn't die and the highest cost in any city is the emergency room hospitals in those cities where they're shot. [inaudible] shot by ak47's. we have a lot of role in the killing of syria. 9/11 /12 in benghazi. [inaudible] yards away. we must revive the ban on these adult suspects. i don't want to. >> >> >> deemphasize the drug culture and americans and so we have this crisis mr. mayor of plants closing when the cheap labor markets, jobs leaving, drugs and guns coming. that requires a national effort by all of us. while i reach out to you in san francisco those that hear my voice please stop the killing. please stop drug flow. please give peace a chance. in this instance means that la
you spend $3 trillion on the budget and tax cut for the wealthiest americans and took their money to the camen islands and not in america and having huge threats and medicaid and medicare and threaten the scpeerns that is violence. number one and must commit ourselves to the ban on assault weapons. we lost about 6,000 americans in iraq in 10 years. lose 30 to 50,000 a home at home. 100,000 are injured and didn't die and the highest cost in any city is the emergency room hospitals in those...
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Dec 29, 2012
12/12
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WGN
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social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul lisnek says lawmakers know what's at stake if we passed the deadline with no deal. >>, chris can peddle their way back the economy may not be able to withstand the pressure, it's too fragile so i really believe that members of congress will actually put the needs and the welfare of the country ahead of their own political future. >> we had a significant murder rate here in chicago the 500th person was killed last night mayor emanuel calls it an unfortunate and tragic milestone. terry mccarthy calling the numbers tragic the spokesperson saying 80 percent of these homicides are gang- related people we talked to said no matter where they happen to the need to be stopped. nathaniel jackson was pronounced dead early this morning hours after being gunned down outside this co
social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul lisnek says lawmakers know what's at stake if we passed the deadline with no deal. >>, chris can peddle their way back the economy may not be able to withstand the pressure, it's...
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Dec 29, 2012
12/12
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MSNBCW
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but it will include the education tax credit and the child tax credit and the earned income tax credit. these are refundable tax credits that affect mostly low-income people. so that will be on the table. but, you know, the republicans, the disdain that i have seen for poor people, from people who are struggling, like senior citizens on medicare and social security, for low-income people and the women, infant, and children program, we saw the republicans last week vote to spending cuts that would literally take food out of the mouths of hungry babies and in this country, you want to talk about crisis, fiscal crisis, et cetera, a crisis is that one out of five american children is hungry at some point during the year. that is just immoral. and they voted to even cut that. and so i agree with you. i think we have to talk about the consequences for real people. middle class, and as the president said tonight, those who aspire to the middle class. and that would include the unemployed right now, and we're going to extend unemployment insurance benefits. >> yeah, that's critical. gop source
but it will include the education tax credit and the child tax credit and the earned income tax credit. these are refundable tax credits that affect mostly low-income people. so that will be on the table. but, you know, the republicans, the disdain that i have seen for poor people, from people who are struggling, like senior citizens on medicare and social security, for low-income people and the women, infant, and children program, we saw the republicans last week vote to spending cuts that...
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Dec 28, 2012
12/12
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CNNW
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they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls on government to be as small as possible. its roots are as old as american, but the main spokesman is this man, grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbids them from raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the debt ceiling. without a deal, the u.s. would lose its ability to borrow money. they deploy tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute compromise, both sides agree to a trillion dollars in spending cuts up front and another $1.2 trillion in cuts to be decided by a special super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect j
they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls on government to be as small as possible. its roots are as old as american, but the main spokesman is this man, grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbids them from raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition...
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Dec 28, 2012
12/12
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CNNW
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to pay more taxes. i don't think they're eager to pay more taxes for one important reason, they just don't think the money is going to get used well. people just do not trust washington to spend their money effectively and i think if they had greater trust in washington, there would not be so much resistance to this, so the irony of this, don, is that this spectacle that we're seeing right now in washington is contributing to the problem and people see this, they're even more reluctant to pay taxes or to put up with the tax hike. so it is almost like it is a self-perpetuating problem. >> rick newman, thank you, sir. >> sure thing, don. >>> in other news, he's remembered as a liberator, not a conqueror. tributes pouring in for general norman schwarzkopf. he died yesterday in tampa, florida. he became a household name in the '90s when he led coalition forces in first gulf war. he once told larry king he hated war. president obama called schwarzkopf's death the loss of an american original. norman schwarzk
to pay more taxes. i don't think they're eager to pay more taxes for one important reason, they just don't think the money is going to get used well. people just do not trust washington to spend their money effectively and i think if they had greater trust in washington, there would not be so much resistance to this, so the irony of this, don, is that this spectacle that we're seeing right now in washington is contributing to the problem and people see this, they're even more reluctant to pay...
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Dec 28, 2012
12/12
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CSPAN2
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eye 139
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john boehner could not even pass a tax proposal that he suggesting that would keep the taxes the same for everybody except people making over a million dollars.llio nope, grover and the boys said s no. can't do that. so he voted -- didn't p even bring it up for a vote. so i am here, i'm happy to listen to anything the speaker and the republican leader have. they have the way of getting to the president. they don't need my help. but i'm happy to work with them any way that i can. but the way things have been but going, it's not a really goods cape hatch that we have --ve. escape hatch that we have.they they're out of town, they won't be back for two days, 48 hours. so that's where we are.
john boehner could not even pass a tax proposal that he suggesting that would keep the taxes the same for everybody except people making over a million dollars.llio nope, grover and the boys said s no. can't do that. so he voted -- didn't p even bring it up for a vote. so i am here, i'm happy to listen to anything the speaker and the republican leader have. they have the way of getting to the president. they don't need my help. but i'm happy to work with them any way that i can. but the way...